Omen Corp's books disclosed the following data for the current calender year: Gross Income from operations $300,000 ; Dividends received 75% owned Corp $50,000 ; Business Deductions $360,000 ; Net short-term capital loss $5,000 ; Net long-term capital loss $20,000 ; Retained earnings (beg year) $250,000 ; Contingency reserve est at end of year $50,000 What is Omen's taxable income for the current calendar year? a. (10,000) b. (45,000) c. (50,000) d. (75,000)